What's New in FSSI

Call for applications: Remedial Officer


Duties and Responsibilities


REMEDIAL

Planning and system development

  1. Provide technical inputs on over-all strategies to reduce portfolio risks that include but are not limited to preventive, collection, litigation and statutory strategies
  2. Adopt procedures in the management and disposal of real and other properties acquired or surrendered

Portfolio management

  1. Provide technical inputs in the setting of portfolio growth and quality standards and target
  2. Contribute to ensuring portfolio quality are within set standard and/or target

Collection

  1. Manage and take custody of hardened and written off accounts
  2. Develop and adopt effective collection strategies and alternatives in the collection of hardened accounts and in the recovery of written-off accounts
  3. Implement collection schedules and strategies

Asset management

  1. Manage and take custody of real and other properties acquired or surrendered
  2. Ensure timely disposal of real and other properties acquired or surrendered based on fair market price

CREDIT (secondary)

Project Appraisal

  1. Review loan applications, the partners’ financial condition, creditworthiness and risks
  2. Appraise project proposals based on approved 3BL criteria and indicators
  3. Appraise offered loan security and/or ensure property appraisal by licensed appraisers
  4. Contact partners and other relevant informants and conduct field visits to validate information in the project application and gather additional requirements
  5. Analyze risk and recommend project for approval or disapproval

Documentation

  1. Prepare financing contracts and other documentation
  2. Ensure full compliance in documentation of securities
  3. Ensure that conditions for fund release and other conditions set for the duration of the project are fully complied with and documented
  4. Ensure timely release of funds for loan drawdowns or deposits
  5. Facilitate documentation of release of loan security after full settlement of an account

Monitoring

  1. Monitor and maintain updated credit records of assigned accounts\
  2. Call the attention of responsible persons in case of any discrepancy or lapse in the financing contract

Risk management

  1. Identify potential and actual risks to FSSI investments
  2. Conduct regular review of operational and compliance risks of assigned accounts
  3. Conduct regular review of credit risk classification of assigned accounts
  4. Recommend and implement timely and effective remedial measures

Qualifications:


Education:                   


College degree preferably with background in Economics, Banking, Finance Business Management and Accounting


Experience:                


Required Skills:           


At least three (3) years working experience in related fields; has experience working with MSME, social enterprises, microfinance institutions cooperatives and non-government organizations

Planning, research, economic analysis, market analysis, financial analysis, feasibility study, property appraisal, documentation, accounting, credit operation, remedial management, collection, litigation, asset management, asset disposal, communication, IT skills

Interested applicants may tender an application letter addressed to the HR and Administration Manager, and together with their curriculum vitae, submit to:


The HR and Administration Unit

Foundation for a Sustainable Society, Inc.

46-E Eugenio Lopez Street corner Samar Avenue

South Triangle, Quezon City

fssi.recruitment@gmail.com


The deadline for submission of application is on 20 October 2019.

FSSI will reply to shortlisted applicants only.

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